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Ten Year Performance Projection

Brand New Duplex in A+ Area-Fully Rented!!
Oklahoma
6bd • 4ba • Built: 2024

Projected IncomeYear 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 10
Projected Rent $36,000$37,080$38,192$39,338$40,518$41,734$42,986$44,275$45,604$46,972
Vacancy Losses ($2,880)($2,966)($3,055)($3,147)($3,241)($3,339)($3,439)($3,542)($3,648)($3,758)
Operating Income $33,120$34,114$35,137$36,191$37,277$38,395$39,547$40,733$41,955$43,214
Estimated ExpensesYear 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 10
Property Taxes($6,055)($6,279)($6,511)($6,752)($7,002)($7,261)($7,530)($7,808)($8,097)($8,397)
Insurance($1,644)($1,704)($1,767)($1,833)($1,901)($1,971)($2,044)($2,119)($2,198)($2,279)
Management Fees$0$0$0$0$0$0$0$0$0$0
Leasing/Advertising Fees$0$0$0$0$0$0$0$0$0$0
Association Fees$0$0$0$0$0$0$0$0$0$0
Maintenance($720)($747)($774)($803)($833)($863)($895)($929)($963)($998)
Other$0$0$0$0$0$0$0$0$0$0
Operating Expenses ($8,419)($8,730)($9,053)($9,388)($9,735)($10,096)($10,469)($10,856)($11,258)($11,675)
Income AnalysisYear 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 10
Net Operating Income $24,702$25,384$26,084$26,803$27,542$28,300$29,078$29,877$30,697$31,539
- Mortgage Payments($24,603)($24,603)($24,603)($24,603)($24,603)($24,603)($24,603)($24,603)($24,603)($24,603)
= Cash Flow $98$780$1,481$2,200$2,938$3,696$4,475$5,274$6,094$6,936
+ Principal Reduction $3,626$3,868$4,128$4,404$4,699$5,014$5,349$5,708$6,090$6,498
+ Appreciation $21,625$22,706$23,842$25,034$26,285$27,600$28,980$30,429$31,950$33,547
= Gross Equity Income $25,349$27,355$29,450$31,638$33,922$36,310$38,804$41,410$44,134$46,981
Capitalization Rate 5.4%5.3%5.2%5.1%5.0%4.9%4.8%4.7%4.6%4.5%
Cash on Cash Return 0.1%0.6%1.1%1.6%2.2%2.7%3.3%3.9%4.5%5.2%
Return on Equity 19.0%17.1%15.7%14.6%13.7%12.9%12.3%11.8%11.3%10.9%
Loan AnalysisYear 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 10
Market Value $454,125$476,831$500,673$525,706$551,992$579,591$608,571$638,999$670,949$704,497
- Loan Balance ($320,749)($316,881)($312,753)($308,350)($303,651)($298,637)($293,288)($287,580)($281,490)($274,993)
= Equity $133,376$159,950$187,919$217,357$248,341$280,954$315,283$351,419$389,459$429,504
Loan-to-Value Ratio 70.6%66.5%62.5%58.7%55.0%51.5%48.2%45.0%42.0%39.0%
Potential Cash-Out Refi $19,844$40,742$62,751$85,930$110,343$136,056$163,140$191,669$221,722$253,380
Sale AnalysisYear 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 10
Equity $133,376$159,950$187,919$217,357$248,341$280,954$315,283$351,419$389,459$429,504
- Closing Costs ($31,789)($33,378)($35,047)($36,799)($38,639)($40,571)($42,600)($44,730)($46,966)($49,315)
= Proceeds After Sale $101,587$126,572$152,872$180,557$209,702$240,383$272,683$306,689$342,493$380,189
+ Cumulative Cash Flow $98$879$2,359$4,559$7,498$11,194$15,669$20,943$27,037$33,973
- Approximate Cash Invested($134,616)($134,616)($134,616)($134,616)($134,616)($134,616)($134,616)($134,616)($134,616)($134,616)
= Net Profit ($32,930)($7,165)$20,616$50,501$82,584$116,961$153,736$193,016$234,914$279,547
Internal Rate of Return -24.5%-2.7%4.9%8.3%10.1%11.1%11.7%12.0%12.2%12.3%
Return on Investment -24.5%-5.3%15.3%37.5%61.3%86.9%114.2%143.4%174.5%207.7%
*Information is not guaranteed and investors should do their own research, get professional advice and conduct due diligence prior to investing.
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